: iStockAnalyst.com Symbols Feed

Suncor (NYSE: SU): Merger 'Made In Canada'

Tue, 26 May 2009 17:47:59 GMT

"Canadian energy giants Suncor Energy (NYSE: SU) and PetroCanada (NYSE: PCZ) announced their intention to merge; Suncor, a holding in our 'Wildcatters Portfolio' will be the surviving entity," says Elliott Gue. In his [More...]

With Oil Prices Poised To Jump As Much As 70%, Every Investor Needs An Energy Strategy

Thu, 21 May 2009 11:42:15 GMT

The U.S. news media has convinced many investors that oil consumption is falling because of the global recession. While that may be true, it’s a disservice to millions of investors because[More...]

The Six Ways To Play Canada’s Oil Sector

Wed, 13 May 2009 16:40:00 GMT

With oil finally trading back above the $50-a-barrel level, it’s time to recognize that crude prices are probably not going to remain low for very long, and may end up fluctuating in the $50-$80 range - regardless of what happens to the prices of other co[More...]

A Look At Energy With Oil Racing Back To $60

Tue, 12 May 2009 21:26:42 GMT

Oil, like many investment vehicles had been battered along the hard road from peaks in 2007 nearing $150. The fall in fact, had been so dramatic that prices for the commodity were down to $34 a barrel in February of this year. Set against the backdrop of American economic problems and the ongoing 'Carpocalypse' the slide in oil is completely understood. However, of late, things are changing, and with a resurgence of market participation in the last 2 months, oil has enjoyed a steady climb and has now almost doubled off its lows. The traditional American big oil names have held steady as Exxon Mobil (XOM) is down 5% in the last 3 months, and up 1% in the last month, while competitor Chevron (CVX) has been virtually flat for 3 months. Nothing to light the socks off in any portfolio. These big names, which have enjoyed[More...]

Doug Kass: Why The Bears Are Wrong

Tue, 24 Mar 2009 20:59:00 GMT

Doug Kass believes the 666 S&P low was not only this bear market's bottom; but also a "generational" low. As always we are open to hearing both sides of the arguement and unlike most of the punditry Doug actually puts his money behind his mouth. He did make an excellent call for a bottom a few weeks ago; I am not satisfied that we won't revisit it later in the year but as I've been saying I am drinking Kool Aid (leaning long) for now - targeting S&P 870 at this point. I'm also moving quite firmly to the camp of double dip recession as the flood of money unleashed by our overlords will pump up some parts of the economy (basic supply/demand) - this will create excitement, bottom calls, some improvement in economic figures... but then we'll most likely see what is behind the facade later in 2010 as we see what true demand/supply is ex[More...]

Wall Street Soars On Geithner’s Bank Plan, Bank Of America Jumps

Mon, 23 Mar 2009 21:18:16 GMT

US stocks skyrocketed on Monday as investors cheered the new toxic-asset plan aimed at stabilizing the US banking system and reviving the economy. Shares also got a boost from better than expected home sales data.[More...]

Canadian Oil Giants Merging

Mon, 23 Mar 2009 17:31:00 GMT

Suncor Energy (SU) has announced plans to acquire one of its rivals Petro-Canada (PCZ) in a US$15 billion all stock acquisition. The merger will create the largest Canadian energy company, at a time when oil is rising above $50 per barrel, up 10% last week and another 3% so far on Monday. Canada is rich in natural resources with fairly substantial amounts of crude oil; however, much of this oil is in oil sands which can be more expensive to produce. This deal will provide C$1 billion in capital expenditures[More...]

Wednesday - Oil Inventory Preview

Wed, 17 Sep 2008 14:52:00 GMT

The government takes over AIG and the world becomes a rosier place…at least temporarily. Concerns still linger about the other large financial houses and until those concerns are addressed look for only brief breaks in the clouds as the eye of this financial storm passes overhead. Natural gas looks to be putting in a bottom (...)[More...]

Bargain Hunting in the Canadian Energy Market

Thu, 14 Aug 2008 07:51:00 GMT

By Jennifer Yousfi Managing Editor With oil down more than 20% from its record high, Canadian energy stocks have been beaten down to more affordable levels. But as concerns over demand and...[More...]

Dividend Stocks In the News: July 31, 2008

Thu, 31 Jul 2008 14:18:00 GMT

All in a matter of weeks we have gone from "the sky is falling" to dropping gas prices. People weren't happy before and they are not happy now. Is change and misery the only constants left in the world? Not from where I am sitting. Each week there is a steady stream of companies raising their dividends. Below are several select companies that recently announced dividend increases:Kimco Realty (KIM) Raises Qtr. Dividend 10% to $0.44/ShareUS Steel[More...]

Suncor Energy Completes Merger With Petro-Canada

Tue, 04 Aug 2009 10:49:00 GMT

Suncor Energy has announced the completion of its merger with Petro-Canada, following which, the newly merged entity of Suncor Energy has begun trading on the New York Stock Exchange and it will also begin trading on the Toronto Stock Exchange on August 7, 2009.
The combined company's current upstream production is approximately 710,000 barrels of oil equivalent per day (boe/d).
Existing upstream production is supported by 7.5 billion barrels of proved and probable reserves, and an additional 19 billion barrels of contingent resources to support future development.

: iStockAnalyst.com Symbols Feed

Suncor (NYSE: SU): Merger 'Made In Canada'

With Oil Prices Poised To Jump As Much As 70%, Every Investor Needs An Energy Strategy

The Six Ways To Play Canada’s Oil Sector

A Look At Energy With Oil Racing Back To $60

Doug Kass: Why The Bears Are Wrong

Wall Street Soars On Geithner’s Bank Plan, Bank Of America Jumps

Canadian Oil Giants Merging

Wednesday - Oil Inventory Preview

Bargain Hunting in the Canadian Energy Market

Dividend Stocks In the News: July 31, 2008

Suncor Energy Completes Merger With Petro-Canada

Refinery Damage Caused By Storm Leaves Gas Pumps in Southern Alta. Low on Fuel

Suncor Energy Releases Second Quarter 2009 Results

Gold Participation and Income Fund Announces Exchange Ratios

Suncor Energy Reports Oil Sands Production Numbers for June 2009

Hibernia South Deal Would Reap $13.5 Billion for Canada, N.L., Williams Says

Province has tentative deal in Canada oil project

ExxonMobil Group Outlines Hebron Development Details

Canadian oil giants closer to completing takeover

Canadian oil giants closer to completing takeover

Solid Operations and Strong Liquidity Position Petro-Canada Well for Merger with Suncor

Brookfield Properties Reports Second Quarter 2009 Results

Novo Energies Corporation Selects GCM Consultants to Begin the Design and Installation of Its First Operating Plant

Suncor Energy Releases Second Quarter 2009 Results

Suncor Energy and Petro-Canada Merger Receives Competition Bureau Approval

Global Renewable Energy Market Growth Amidst Financial Crisis

Advisory: Petro-Canada Q2 2009 Results

Petro-Canada Issues Its 2008-2009 Report to Community

Suncor Energy, Petro-Canada Mail Letters of Transmittal and Election Forms to Registered Shareholders

Reportlinker Adds Global Renewable Energy Market Growth Amidst Financial Crisis